TXT Maintained by Morgan Stanley -- Price Target Lowered to $86

gurufocus.com · 2026-10-19

Textron Inc. Analyst Rating Update - October 2023 On October 3, 2023, Morgan Stanley has maintained its rating on Textron (TXT) at Equal-Weight while lowerin

TickrTrends take: Morgan Stanley's reduction of its price target for TXT to $86 occurs within a context where TickrTrends currently assesses the stock as undervalued, suggesting the analyst's adjustment may not fully align with the broader valuation metrics driving that assessment. For investors focused on valuation, this development highlights a potential divergence between traditional analyst price targets and the quantitative signals that indicate undervaluation in the Industrials sector company. Monitoring whether other analysts follow Morgan Stanley's lead or maintain higher conviction could provide important clues about the sustainability of TXT's undervalued status.

Read the full story at gurufocus.com →